The price of OPEC basket of 13 crudes stood at $53.13 a barrel on Apr. 10 compared to $52.91 on Apr. 7.
Read More »OPEC Basket Down in Price
Oil prices are rising on April 7.
Read More »NIDC Expanding Oil. Gas Drilling
NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.
Read More »Is Extending OPEC Cuts a Done Deal?
Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
Read More »Saudi Arabia Likely to Cut May Crude Prices to Asia on Weak Demand
Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.
Read More »Proper Implementation of Nuclear Deal Best Option for US
Saudi Arabia should know that terrorism threats also this country.
Read More »Saudis Prefer $60 Oil in 2017
OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »Iran Regaining OPEC’s Market Share
Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »(P)GCC to Pump $320b into Power Projects
The UAE. Saudi Arabia and Kuwait have emerged as the biggest solar markets in the region.
Read More »
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